The Mortgage Maker Vs. the World (New York Times)
Angelo R. Mozilo, a founder and chief executive of the Countrywide Financial Corporation, admits to having a chip on his shoulder.
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Conventional Mortgages Have Lenders Competing Lending institutions are battling for customers with stellar credit who want traditional fixed-rate home loans, offering fee waivers and a willingness to negotiate on rates. read more...
Housing boom breeds mortgage schemes (Asbury Park Press) Mortgage fraud has long been part of the real estate landscape. Many schemes have involved the flipping of properties quickly at inflated appraisals and prices.read more...
Summer's here, as are tax savings NEW YORK , Believe it or not, the hot days of summer can be a smart time to put tax-planning strategies into place.read more...
Some lenders heed warning on risky mortgages Federal Reserve Chairman Alan Greenspan is turning up the volume on his warnings about potential perils of certain risky mortgages if the high-flying housing market loses much altitude.read more...
Tax Reform Panel Recommends Eliminating Local Tax Deduction Leaders of the National League of Cities expressed skepticism and concern about a proposal to eliminate the federal tax deduction for state and local taxes in the final report issued
KTVE Region 10 Construction on Bastrop High School's new library and computer labs is halted. Twisted metal and broken beams is all that is left of the roof.via